Yes, Nick, and not only that, but there's money to be made in PM that I wouldn't have imagined....
For example, a PMP (a certified Project Management Professional, see below on what that takes...*) that directed my attention toward formalizing my Project Mgmt career turns down any job opportunity that pays below the $110,000/year range he's grown accustomed to. His 'rush/high profile, gotta have it right and we'll pay a premium for the best' project leadership rates exceed $300,000/year.
After I described to him what I'd been doing for over a decade, he declared that I'd been doing Project Mgmt all along and that others who were similarly occupied (keeping track of schedules of projects) were making approximately $70,000/year. I was floored - especially since I'd been making less than half of that.
*PMP Requirements:
In addition to taking an extensive test covering the Guide to the Project Management Body of Knowledge (PMBOK® Guide), there is also an 'experience' requirement as follows:
PMI® requires that a PMP candidate with a bachelor’s degree document a minimum of 4500 hours of project management work experience over a minimum of three (3) years. The hours must span the minimum time period. Your start dates/end dates on the Experience Verification Forms must indicate a minimum of thirty-six (36) months. Hours worked prior to six (6) years from the date of application will not be considered.
A candidate without a bachelor’s degree must document a minimum of 7500 hours of project management work experience over a minimum of five (5) years. The hours must span the minimum time period. Start dates/end dates on the Experience Verification Forms must indicate a minimum of sixty (60) months. Hours worked prior to eight (8) years from the date of application will not be considered.
Don't be put off by the grandiose verbage, I'd be willing to bet that given just a little bit of training and preparation for the test, anyone who has 5+ years doing projects in any industry could build a resume that would qualify them.